Deemed Recourse Rights under Section 1111(b) Don’t Survive Foreclosure, Circuit Says
Ninth Circuit says deemed recourse terminates when the estate no longer owns the collateral.
Court:
True Life Church Spared in Unusual Bankruptcy Case
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Fifth Street Asset Management to Explore Sale
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Bank Zapped $1.3 Million for an Erroneous Estoppel Letter that Blocked a Sale
Lender assessed the costs of chapter 11 for causing an unnecessary bankruptcy.
RadioShack Executive Bonuses Face Roadblocks
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Solar Manufacturer Suniva Files for Chapter 11 Bankruptcy
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Officials Say Company Is Avoiding Passaic Cleanup Costs
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CFPB Sues Ohio Law Firm Over Debt-Collection Practices
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Venoco Again Files for Bankruptcy
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Commentary: Supreme Court Ruling Draws a Vague Line in Bankruptcy Cases
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